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Jan 12, 2013
01/13
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in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much flat at 13,478 and the euro up against the dollar trading at $1.3347. >> cuba is set to get rid of unpopular travel restriction that has been in place for the past five decades. there do to eliminate the permit known as the white card which cubans have needed in order to leave the country. >> restrictions will remain in place to avoid a brain drain. this is part of president reimold castro's attempts to gradually open up cuba -- raul castro's plan. how much of a difference will it mean for ordinary cubans? >> in some ways,
in demand, the euro. if the governments in tokyo actively weaken the yen and, consequently, the euro grows more expensive, then german exporters have a problem. they will lose competitiveness to those outside of the eurozone and. if we take into account the strong trading days of the beginning of this year, the dax remains to the upside. >> we will stay for a closer look at friday's numbers. dax up a smidgen, 7715. eurostoxx50 2717. across the atlantic, the dow also trading pretty much...
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Jan 10, 2013
01/13
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the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning that the united states is facing severe drought for years to come. >> first, let's take a look at other stories making headlines right now. >> the government of the central african republic has begun meeting with rebels. officials say the negotiations are centering on the revision of a peace agreement signed back in 2007. the various rebel groups say they want to the president to resign. >> each of its president has been meeting with leaders of various palestinian factions. later, he met with the hamas leader. morsi is pushing for a reconciliation 20 two groups, which have been feud
the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning...
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Jan 1, 2013
01/13
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euro trading down $1.3194. >> secretary of state henry clinton in the hospital due to a blood clot from the concussion she's a reporter earlier this month. >> she is under observation and will be in the hospital at least until tuesday. she is 65 years old. she has stated that she will be stepping down next month. the egyptian pound continues to fall against the u.s. dollar despite financial authorities tried to hold it from sliding. mohamed morsi expects that it will stabilize. >> political turmoil has sent worried egyptian scrambling to change their currency into pounds and dollars. they are imposing controls on how much cash can physically be carried out of the country. >> the latest attempt to stabilize the currency has had little impact on it slide. beside reserves in its currency auction, the egyptian pound falling to a new low. the currency have been losing value since the unrest began. two major factors are a drop in tourism and in foreign investment. many egyptians fear their cash will continue to fall in value causing a run on a changing the pound for dollars or euro. president
euro trading down $1.3194. >> secretary of state henry clinton in the hospital due to a blood clot from the concussion she's a reporter earlier this month. >> she is under observation and will be in the hospital at least until tuesday. she is 65 years old. she has stated that she will be stepping down next month. the egyptian pound continues to fall against the u.s. dollar despite financial authorities tried to hold it from sliding. mohamed morsi expects that it will stabilize....
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Jan 31, 2013
01/13
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the euro stoxx 50 down by just a little bit more. across the atlantic on wall street at this hour, the dow pretty much trading flat. the euro up against the greenback at a value of $1.3568. >> just days after toyota regained its spot as the world's no. 1 carmaker, it has announced recalls affecting more than 1 million cars around the world. >> one recall limbaugh's career role of -- one recall involves carolla models. there are also lexus models with windshield wipers that failed to function in heavy snow. he recalls come after a series of quality problems that have damaged toyota's reputation for quality. amazon shares opened sharply higher on the back of better than expected earnings on the end of your business. >> holiday sales grew 22% to just over $21 billion. it was mainly down to a major boost in the ebook sector. jeff bezos said revenue from kindle sales was up 17% in 2012. >> the euro has formally rejected a bid from ups to take over its dutch giant. >> the eu antitrust authorities said the deal would have stifled competitio
the euro stoxx 50 down by just a little bit more. across the atlantic on wall street at this hour, the dow pretty much trading flat. the euro up against the greenback at a value of $1.3568. >> just days after toyota regained its spot as the world's no. 1 carmaker, it has announced recalls affecting more than 1 million cars around the world. >> one recall limbaugh's career role of -- one recall involves carolla models. there are also lexus models with windshield wipers that failed to...
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Jan 29, 2013
01/13
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the euro trading at a value of 1.3452. well, who is going to challenge german chancellor angela merkel for her job later this year? the spd have their candidate. they want to send him into the campaign with winning issues. his party has been meeting this week just outside of berlin to set the party program for the general election scheduled to take place in september. our reporter, peter craven, attended the spd conference. he joins us now from the studio in the city center. the democrats have had success in a local election and could possibly be poised to knock angela merkel off her throne, so to speak. what are the chances? >> there is a bullish mood in potsdam. it has a lot to do with the election victory in lower saxony. it was part -- in part because they have strong elysian partners. -- coalition partners. that is a bit of a plus -- strategic fuss. the man they want to send into the ring to challenge angela merkel, peer steinbrueck, he has had his back against the wall not too long ago because of the indiscreet comme
the euro trading at a value of 1.3452. well, who is going to challenge german chancellor angela merkel for her job later this year? the spd have their candidate. they want to send him into the campaign with winning issues. his party has been meeting this week just outside of berlin to set the party program for the general election scheduled to take place in september. our reporter, peter craven, attended the spd conference. he joins us now from the studio in the city center. the democrats have...
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Jan 17, 2013
01/13
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as for the euro against the dollar, it is declining. >> when we come back after a short break, the small town in eastern germany that has declared war on the far right npd, as they try to gain a foothold there. >> that and more after the break. >> stay with us. >> thanks for staying with us. >> welcome back. we begin with the story of a small town in eastern germany that has seen the far right npd party convince many residents to give it its support. some have organized to resist that. >> and they have been recognized by germany's jewish community. the group emerged to resist the influence of the neo-nazi npd. the npd set up major headquarters in the town several years ago. >> the party quickly turned into a powerful force. here is a story of how locals who objected organized. >> pretty houses and clean streets. it looks idyllic, but appearances can deceive. there's no industry, and there are few jobs. many young people have moved away. yet, one group is moving in in increasing numbers -- right wing extremists from western germany. leaders of the far right npd party have chosen this is t
as for the euro against the dollar, it is declining. >> when we come back after a short break, the small town in eastern germany that has declared war on the far right npd, as they try to gain a foothold there. >> that and more after the break. >> stay with us. >> thanks for staying with us. >> welcome back. we begin with the story of a small town in eastern germany that has seen the far right npd party convince many residents to give it its support. some have...
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Jan 19, 2013
01/13
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to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's prestigious bolshoi ballet. the director was the victim of an acid attack outside his home late on thursday. >> the 42-year-old suffered serious injury to his face, and doctors are fighting to save his eyesight. the head of the bolshoi theater says he believes the attack was a product of a and b -- of envy. it highlights a long history of power struggles at the ballet. >> this is the only lead. in the cover of darkness, a masked assailant attacked and escaped. >> if thing like this has never happened before, so we at the m
to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's...
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Jan 25, 2013
01/13
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euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people. >> the eurozone [applause] fourth largest economy is stuck in recession. the conservative government has pushed ahead with a tough austerity program to lower the country's deficit. critics say those spending cuts are directly to blame for the rise in unemployment. but there's a bit of bright news in the eurozone -- portugal has made an early debut back on the financial market, successfully raising 2.5 billion euros in a debt auction this week. >> the government had to pay only 4.9% in interest, signaling investors are more confident about the country's finances. portugal was forced to accept an
euro stoxx 50 also higher. the dow jones industrial average also continuing the positive trend. the euro-dollar also trending positive, trading for $1.3370. >> a lot of optimism, despite all the optimism that seems to be brewing in davos in switzerland. it is a different story in spain, though. things just keep getting worse. unemployment is at its highest level ever recorded. 26% of the work force were registered as out of work in the last quarter of 2012. that's nearly 6 million people....